Senior Oil Contracts Specialist

1 week ago


London, Greater London, United Kingdom Richard James Recruitment Specialists Ltd Full time

Job Summary

We are seeking an experienced Senior Oil Contracts Specialist to join our team in Central London.

The ideal candidate will have experience in the Physical Oil sector and a strong understanding of contract lifecycle management.

Main Responsibilities:

  • Reconcile trades within the system of record and against all supporting documentation.
  • Review counterparty contracts and respond promptly to trade discrepancies with internal stakeholders.
  • Manage the full contract life cycle and counter contracts to conclusion.
  • Identify and mitigate risks associated with contract terms and GT&Cs.
  • Ensure that best practice contract management is applied at all critical control points.
  • Contribute to risk management goals and support synergies across functions.
  • Special projects, as and when required.

Requirements:

  • Experience as a Contracts Analyst within the physical commodities sector, preferably in waterborne oil contracts.
  • Prior experience in standardised Confirmation processes a plus but not essential.
  • Strong understanding of industry GT&Cs and Incoterms.
  • Organised, with a high level of attention to detail and the ability to effectively manage conflicting priorities and deliver consistently against tight deadlines.
  • Motivated by operational processes.
  • Excellent communication skills, both verbal and written.

Salary: £60,000 - £80,000 per annum, depending on experience.

Benefits: Competitive salary, excellent benefits package, and opportunities for career growth and development.



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